Every day, to streamline their costs & operations, fleet managers
worldwide attempt to optimise the cost and operation of 260 million
trucks, vans and company cars.

But their suppliers still provide vehicle maintenance, fuel,
telematics, insurance and toll solutions in silos. Each optimises
only a small part of the Total Cost of Ownership (TCO), resulting in
the operator looking at multiple screens and databases to manage their
fleets.

Frederic Bruneteau, Managing Director of PTOLEMUS observed: “While commercial
transport is a critical component of our globalised economy, it is
lagging behind in the race towards digitalisation. Most containers
are still not tracked, most databases are still not connected to each
other and commercial fleet managers are still inundated with paperwork!
The solution is simple: sharing and using the same data across silos,
using vehicle connectivity and cloud solutions.”

The report explains how competition and the emergence of connected
vehicles are rapidly eroding these silos. The shift has been recently
highlighted by a multitude of deals, such as Verizon acquiring
Fleetmatics and Telogis, Michelin buying NexTraq, Fleetcor
acquiring Sem Parar and TomTom partnering with BP and many more.

Leveraging interviews with 70 executives across commercial road
transport and other fleet sectors, the new PTOLEMUS report is the first
to appraise the size and potential of the complete commercial vehicle
services market beyond telematics. The 650-page investigation brings
a unique strategic decision-making analysis of the 5 sectors that
control the vehicle’s TCO: